Property of the Week: 6 Bulkara St, Wagstaffe, NSW
A Central Coast trophy home with a habit of breaking records, Agave, returns to market.
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Agave has a history of making headlines.
The luxury Wagstaffe weekender earned the prestigious HIA Australian House of the Year award in 2018 and then went on to reset the Central Coast price record two times over.
The Dennis Rabinowitz-designed waterfront residence was sold by the owner architect in mid 2020 for $9.5 million – at the height of the pandemic rush to the regions.
It then changed hands again only two years later for $16.2 million when it was snapped up by fallen Forum Finance founder Bill Papas.
Since then, Agave has operated as a high-end short-term rental appearing on Nine’s top 10 most expensive Airbnbs in Australia list; reportedly earning its owner more than $10,000 a night.
After briefly sitting on the market in 2024, the head-turning seven-bedroom two-storey property is now listed with a new agent and a fresh competitive price tag.
Mat Steinwede of McGrath Terrigal has put a $12 to $14 million guide on the glamorous beach house at a time when the Central Coast is tipped to recapture some of its post-Covid malaise.
Overall, Central Coast house values are approaching their 2022 pandemic-era high, according to Cotality data, with the median up 45.1 per cent over five years to reach a median price of $1.063 million as of November.
Sitting on a spacious 2188sq m block in the exclusive San Toy estate, Agave at 6 Bulkara St is in the sleepy hamlet of Wagstaffe 19kms south of Terrigal.
It has direct waterfront access to Brisbane Water and its north-facing aspect captures the best of the Central Coast’s coveted climate.
Created with a focus on free-flowing lanai-inspired indoor/outdoor living, the home features multiple terraces, a saltwater pool with imported Moroccan tiles, a private beach, a jetty, a boathouse cabana and a deep-water mooring suitable for a “super yacht”.
In total, the expansive layout includes 556sq m of internal living and 289sq m of alfresco space.
The sophisticated interiors include bespoke finishes crafted from natural materials, a contemporary kitchen with marble bench tops, as well as a fully-equipped butler’s pantry, wine cellar, and five ensuite bathrooms.
There is also an executive study and a palatial main bedroom suite located in its own ground floor wing complete with a walk-in wardrobe, and a five star hotel-inspired ensuite with bidet.
A second level houses six more bedrooms including a bunk room, ideal for multiple family getaways. All up, Agave can sleep as many as 14 guests at a time.
Manicured grounds are framed by established tropical gardens, and with secure entry gates plus an advanced security system, the residence is an idyllic private compound.
Additional features include total climate control, three separate living rooms, a double lock up garage and
The property is a short walk to Wagstaffe Wharf with direct ferry access to Palm Beach on Sydney’s Northern Beaches. Agave is also close to Lobster Beach and Bouddi National Park.
Agave at 6 Bulkara St, Wagstaffe is listed with Mat Steinwede of McGrath Terrigal with a $12 to $14 million price guide.
As interest rates, inflation and market sentiment fluctuate, investors are being urged to focus on data, not panic.
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A Vaucluse masterpiece by MHNDU with interiors by Poco Designs brings architectural ambition and breathtaking ocean outlook to the auction block.
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There are ocean views, and then there is this.
Positioned on a dramatic clifftop in Vaucluse, 8 Ray Street doesn’t just face the Pacific, it commands it. With nothing between the home and the horizon but open water, this is the kind of outlook that buyers spend decades searching for and rarely find.
The residence itself is the work of MHNDU, one of Sydney’s most respected architectural practices, with interiors conceived by Poco Designs.
Together, the collaboration has produced a home that is as thoughtfully resolved inside as it is spectacular in its setting.
Soaring ceilings and expansive glazing open every principal room to the ocean panorama, while a series of indoor-outdoor transitions dissolve the boundary between interior life and coastal landscape. Light arrives differently here depending on the season — sharp and glittering in summer, golden and low in the cooler months.
Across five bedrooms and six bathrooms, the home offers scale without sacrifice. The brief has clearly been to create a property that functions as a family residence without ever retreating into mere functionality. Two car spaces complete the picture.
Vaucluse has long been synonymous with Sydney’s most coveted residential addresses, and Ray Street occupies one of the suburb’s most elevated and protected positions. The clifftop location is permanent — no development will interrupt this outlook — a fact that buyers at this level understand immediately and price accordingly.
The suburb’s median for five-bedroom homes currently sits at $11.725 million, with 50 transactions recorded this year and an average of 43 days on market. At that level, the properties that generate the most sustained buyer interest are those with something genuinely unrepeatable about them. A never-to-be-built-out ocean position qualifies on every measure.
8 Ray Street is listed with Steven Chen of The Agency and David Malouf, Director – Double Bay at Highland Property, and goes to auction. Private inspections are available by appointment, with a scheduled open on Thursday 18 June at 5:30 pm.
Contact Steven Chen (The Agency) on 0412 959 959 or David Malouf (Highland) on 0411 073 882.
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